Bitcoin and Cripto Markets Tumble Asdid Trump Tariff’s Concerns

Bitcoin fell under $ 85,000, continuing a strong decline because traders react to the announcement of President Donald Trump to new tariffs on European imports.

Speaking at his first meeting of the Cabinet 26. February, American President Donald Trump reiterated intention to put 25% tariff on the European Union goods, as export by the guardian. The cryptocurrency industry significantly affected this announcement.

Bitcoin (Btc) Currently, in the last 24 hours in the last 24 hours, traded at the level of $ 84,600 in time of pressure. The wider CRIPTO market has also been suffering, and the total market cap reduces 4% after the objections of President Trump, according to Coingecko.

Blacksmith data It also shows that the total liquidations widered $ 765 million in the last 24 hours, adding $ 1.5 billion deleted 25. February.

According to Sosovali dataThe decline in the market coincided with the greatest one-day withdrawal from Bitcoin ETF from their establishment, with 9. February of 937.7 million dollars. 25. February. This further strengthens the change of investment investors, bringing a total of outflow Last weeks to almost $ 1.5 billion.

Since Trump attended the function in January, Bitcoin fell about 20% of his top of $ 109,225. After the trump card and hope in a more favorable regulatory environment, there has been a period of optimistic momentum, and follow the hard sale. Hope that for the rapid implementation of pro-crypto politics refused to make administration a priority priority aggressive trade policy.

Safety questions also shook the sense of investors. Liquidity in the market is the collapse of Bum Memecoin Solana, and concerns about the centralized exchange vulnerabilities set fire to 1.4 billion berries hack.

Although some analysts see correction as healthy Reset, the other careful to drop below $ 80,000 would lead to another round of liquidation, which could send Bitcoin to $ 70,000. Traders continue to be cautious as macroeconomic insecurity, and predicts that they will establish confidence in the digital asset market.